The National Bank of Romania (BNR) has often managed to do what the governments did not succeed, President Traian Basescu told a Tuesday ceremony in which he awarded high national distinctions to BNR governor Mugur Isarescu and the BNR Administration Board from 2004-2009…

The International Monetary Fund and the European Commission have reached an agreement with the Romanian authorities on the content of the bills on public pensions and fiscal responsibility, IMF mission head Jeffrey Franks said Tuesday. The parties have also set a calendar for the adoption of the two draft laws, Franks added, without giving a specific date…

The National Bank of Romania (BNR) conducted yesterday a repo-type operation in which it injected RON 6.066 bln into the interbank market, at an interest of 7.5 pc, equal to the monetary policy rate, Mediafax reports. The sum was borrowed by nine credit institutions and will mature in a week, on February 1st…